Single-Site Senior Living
Ziegler Advises the Sale of St. Martins of the Pines
Ziegler is pleased to announce its role as exclusive sell-side financial advisor to the sale of St. Martin’s in the Pines, a 316-unit, fully licensed, life plan community located east of Birmingham, AL. Diversicare, a premier provider of post-acute care and the largest skilled nursing provider in Alabama purchased the community.
Z-News | Senior Living Finance: M&A in Focus: Not-For-Profit Sponsorship Transition Activity 2023 Update
Senior living and care organizations are looking for ways to partner, to achieve greater scale, and utilize resources that will strengthen operations for future stability. This issue of Z-News is intended to provide an update on the level of activity among not-for-profit providers and to uncover specific trends unfolding in recent years.
Financial Markets Update & Bond Buyback Opportunity Webinar
The webinar focused on current market conditions and we presented some unique opportunities available in today’s environment. We also reviewed both the fixed-rate and bank market and discussed secondary market activity and bond buyback opportunities.
Ziegler Closes Financing for Shenandoah Valley Westminster-Canterbury
Ziegler is pleased to announce the successful closing of Shenandoah Valley Westminster-Canterbury’s $52,500,000 Series 2023A and 2023B Bonds. Located in Winchester, VA, SVWC will primarily use bond proceeds to finance a 49 independent living villa apartment expansion project.
Z-News | Senior Living Finance: Ziegler’s Recommended Reading List: Q4 2023
Once a quarter, we feature an issue of Z-News that is devoted to recommended reading. These lists include newly releases research reports, hot-topic white papers or noteworthy articles that have meaningful information for the senior living & care sector.
Z-News | Senior Living Finance: Proposed CMS Minimum Staffing Standards for Long-Term Care Facilities
In early September, the U.S. Department of Health and Human Services, through the Centers for Medicare & Medicaid Services (CMS), issued their proposed rule on Minimum Staffing Standards for Long-Term Care Facilities. This proposed rule builds on the President’s Action Plan for Nursing Home Reform launched in 2022.
Z-News | Senior Living Finance: The Latest Income Trends Among Older Adults
At the end of August, NORC at the University of Chicago, released “The Forgotten Middle: Housing & Care for Middle-Income Seniors in 2033.” This report and analysis follow the 2019 report that NORC prepared through a grant from the National Investment Center for Seniors Housing & Care (NIC). The aim of the current report was to forecast further into the future and quantify the percentage of seniors in low, middle and high-income categories today and into 2033.
Ziegler Closes $42,404,000 Cinderella Refinancing and $7,000,000 Line of Credit for Rose Villa
Ziegler announces the successful closing of Rose Villa’s $42,404,000 Series 2022 Cinderella Bank Placement and $7,000,000 taxable revolving line of credit. A CCRC in Portland, Oregon, Rose Villa will primarily use the funds to refinance its outstanding Series 2014A Bonds.
Ziegler CFO Hotline Report: Resident Monthly Fee Increases
The September 2022 Ziegler CFO Hotline poll was devoted to the topic of Resident Monthly Fee Increases. This has been an annual poll conducted by Ziegler for a number of years and is valuable to senior living organizations for budget planning. This summary report provides data received from the current survey and also details the historical comparison of changes from previous years.